Posted on August 2, 2022 / 271Listing ID: 435106APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $5,750,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 8582456324
Fully operational and licensed retail storefront business for sale in East County San Diego! The retail is part of a MicroBusiness that also has a Cultivation, Manufacturing Level 1 and Distribution! Located in a very desirable part of San Diego’s East County, this would be a great addition to any MSO or Publicly Traded company looking to expand into the San Diego markets. In 2021 the business did $6.9M in gross revenues and is on pace to do over $7M in 2022 just from the retail storefront alone! All of 2022 revenues have come from the retail and cultivation, the current owners are not utilizing the other uses even though they have the license in hand, representing a greater value!

 

 
The retail has great freeway access in and out, along with great visibility and plenty of parking. Surrounding areas are a great mix of residential and business communities. The city is also seeing a boom in development and growth. This is a great opportunity for anyone looking for a business with plenty of upside and untapped potential.
 

 

Details: 
 
  • Total Space: 15k SqFt
  • Retail Space: 1k SqFt
  • Cultivation Space: 5k SqFt
  • Manufacturing & Production: 1500 SqFt
  • Rent: $33k/Month
  • Use: Recreational & Medicinal
  • MicroBusiness: Distributor, Level 1 Manufacturer, Cultivator (less than 10K sq ft), Retailer

 

Licenses:

  • Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
  • Manufacturing Level 1: For sites that manufacture cannabis products using nonvolatile solvents, or no solvents.
  • Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.

 

Asking Price: $5,750,000.00 (Seller Open to Offers) 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

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Cannabis & Hemp Banking
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